HONG KONG: Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30% increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL.
The Centre for Economic Situation Administration puts the brakes on proposals to increase foreign ownership quotas for condominiums.
The condominium market in the Cha-am, Hua Hin and Khao Tao area remained slow in terms of both supply and demand in the second half of 2021, according to Sunchai Kooakachai, director and head of research and advisory at Knight Frank Thailand.
SET-listed developers Noble Development and SC Asset Corporation are upbeat about their business prospects and overall market sentiment this year, with both planning record property launches.
HONG KONG: Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30% increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL.
SET-listed developer Supalai Plc plans to launch a record 34 new projects worth a combined 40 billion baht in Greater Bangkok and the provinces, aiming for sales to grow by 17% to 28 billion baht by the end of the year.
The Centre for Economic Situation Administration puts the brakes on proposals to increase foreign ownership quotas for condominiums.
The condominium market in the Cha-am, Hua Hin and Khao Tao area remained slow in terms of both supply and demand in the second half of 2021, according to Sunchai Kooakachai, director and head of research and advisory at Knight Frank Thailand.
SET-listed developers Noble Development and SC Asset Corporation are upbeat about their business prospects and overall market sentiment this year, with both planning record property launches.
Real estate developers are calling for an extension of the 90% reduction in the rate of the land and building tax as the impact on the sector remains severe.
The Finance Ministry will not consider this year extending the period of the land and building tax reduction because of the fiscal burden.
Sentiment among housing developers in Greater Bangkok picked up in the fourth quarter last year after a 10-quarter low, helped by relaxed loan-to-value (LTV) limits and the country's reopening.
SET-listed developer Land & Houses (LH) plans to launch 15 new residential projects worth a combined 29.5 billion baht in 2022, a 50% leap in launches from last year.
SET-listed Amata Corporation Plc, an industrial estate developer and operator, is continuing its overseas expansion through the US$1 billion construction of Amata Smart and Eco City in Laos.
